Affected by COVID-19? We've pulled together a few resources to help during this unprecedented situation. Learn more about how to handle COVID-19 here.

Tip #4: Pay Off Debts

1. Home
If you do a quick internet search you’ll see that the most common way to pay off a mortgage faster is to make biweekly payments. You don’t have to pay anything extra with this approach. You pay half of your mortgage every two weeks. This will allow you to make 26 biweekly payments, which actually amounts to 13 payments a year instead of 12 when you only pay monthly. Also, if you feel like you can apply more to each payment, make sure the extra money is always applied to the principle payment and not just being applied to the interest.

2. Car
Your car payment can reap the same benefits as your mortgage with the biweekly payments if allowed by your lender. Pay extra on the principle if you can. It’s also worth looking into automatic payments so you can avoid any type of late fee.

3. Student Loans
Most of us suffer from student loan debt. Pay extra on the principle and look into refinancing. Most student loans have high interest rates, so this could be an option that gives you some relief while still making a dent in the loans.

4. Credit Cards
Everyone has something different to say about how to pay off credit cards. You could tackle the smallest debt first, or you can focus on the card with the highest interest rate. Depending on your credit, you could look into a balance transfer to a credit card with a 0% APR promotion. Just make sure you keep an eye on when the promotion ends because the interest could back pay.

Don’t be afraid to seek professional help to assist with building a plan to help you get out of debt.

Check into Cash is here for you. You can pay all of your bills here in one place. It’s quick, easy, and convenient. You’ll know before you leave you have taken care of your bills. Staying on top of your payments will help you achieve your goals.

10 Payday Loan Benefits and How They Can Work For You

Read More

What are the Advantages to Working With a Direct Lender?

Read More

About Check Into Cash

Check Into Cash specializes in small-loan lending with Payday, Installment, Title Loans, and more, depending on your state.

It’s Quick, Easy & Confidential®  to get the cash you need today. We reach over 25 states with more than 650 store locations and easy online lending, too.

Popular Articles

How To Get Water Turned Back on After a Shut Off

Read More

Can't Afford Childcare? Here are 9 Tips for Working Parents

Read More

Jobs That Pay You Cash the Same Day You Work

Read More

CIC on Facebook

3 days ago

Check Into Cash
💪🏽 You are courageous. And there's nothing more brave than asking for help.Remember, EVERYONE needs a lift from time to time. Find helpful funds today at mycic.us/april-store-locator ... See MoreSee Less

5 days ago

Check Into Cash
🌎 If you haven't entered our greenest giveaway today, what are you waiting for? Enter daily for a better shot at winning one of three $500 cash prizes, and do something to help the planet. This giveaway lasts until Earth Day, April 22, 2021. Enter every day until then at mycic.us/earth-giveaway Restrictions apply - see rules for details. ... See MoreSee Less

2 weeks ago

Check Into Cash
🌎 This Earth Day, we're giving back to THREE lucky winners so they can give back to the planet. Enter our Earth Day Every Day Giveaway for a shot at winning one of three $500 cash prizes, and then you can do something to give back. This giveaway lasts until Earth Day, April 22, 2021. Enter daily at mycic.us/earth-giveawayRestrictions apply - see rules for details. ... See MoreSee Less

The information provided on this website does not, and is not intended to, constitute legal or financial advice. Rather, all information, content, and materials available on this site are only meant for general informational purposes. Information on this website may not include the most up-to-date legal, financial or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser. We do not recommend or endorse the contents of the third-party sites nor are the owners of such third-party sites recommending or endorsing our services. Check Into Cash is not affiliated with nor endorsed by any of the websites, companies or entities mentioned in this blog. See a licensed attorney for legal advice and see a certified public accountant or financial planner for financial advice. No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking professional advice. All liability with respect to actions taken or not taken based on the contents of this site are hereby expressly disclaimed. The content on this posting is provided “as is,” and no representations are made that the content is error-free.